Invitation to Negotiate for Banking Services

Tallahassee Community College (TCC) in Leon County, Florida is issuing an Invitation to Negotiate (ITN) for banking services and cash management. TCC is seeking proposals from qualified banking institutions to provide professional banking services including check disbursements, electronic funds transfer, wire transfer services, account services, deposit services, and optional services such as an ATM. The ITN outlines detailed service requirements and the college's current banking environment, including average monthly balances, transaction volumes, and service needs. Proposals are due on February 22, 2023, and TCC anticipates a contract term of two years with optional renewals. The college will evaluate proposals based on factors such as service capabilities, customer service, and cost-effectiveness, with the goal of identifying a banking institution that can offer value and cost-efficient, easy-to-manage services.

The ITN does not mention any set-aside designations or restrictions on the types of organizations that can respond. There are also no references to incumbent vendors or current contractors. The ITN does not provide a budget range, but it does indicate that TCC is seeking proposals that offer cost-efficient and easy-to-manage services. Interested banking institutions are required to complete and submit several mandatory attachments, including an itemized fees and charges schedule, questionnaire, and drug-free workplace form.